This purchase includes development rights for 35MW of wind power capacity, reflecting the company’s commitment to renewable energy and lowering costs.
“This acquisition serves as a blueprint for how the energy and data center sectors can collaborate to create long-term value while advancing sustainability initiatives,” said Fred Thiel, MARA’s Chairman and CEO.
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Rocket Lab has secured a $515 million contract to construct and manage 18 small satellites for a U.S. government agency, as revealed in an SEC regulatory filing. The customer is likely the Space Development Agency (SDA), an organization under the U.S. Space Force, working on the Proliferated Warfighter Space Architecture, a network of military satellites in low Earth orbit.
The small satellite (smallsat) sector, valued at $3.23 billion, is projected to reach $5.88 billion by 2030 due to innovative technologies and rising application demands. This trend highlights a shift towards versatile, cost-effective space technologies. Rocket Lab's contract supports strategic defense and communication advancements, underlining the growing commercial use of space by the military.
Rocket Lab's ongoing projects, the Neutron rocket and the Photon satellites, showcase the company's forward trajectory, expanding operations and competing in the larger payload market. The satellite launches are planned for 2026 and 2027.
The broader context is the U.S. making continued efforts to preserve their edge in the strategic space domain. The incorporation of advanced communication technologies in satellites such as using UHF and S-band frequencies for beyond line-of-sight connectivity highlights this.
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Microsoft has signed a 15-year agreement with Chestnut Carbon, an afforestation developer, to acquire carbon removal credits, with Chestnut providing potentially over 3 million tons of credits from its U.S.-based project.
This agreement is part of Microsoft's 2030 carbon negative goal and to remove all historical emissions by 2050, expanding the company's carbon removal portfolio that includes various technologies and approaches. This move reflects a growing trend among big tech like Alphabet and Meta in championing nature-based solutions.
“Microsoft’s 15-year purchase agreement with Chestnut Carbon for afforestation-based carbon removal credits is a positive step towards Microsoft’s carbon negative goals. We are excited to collaborate with Chestnut and its Sustainable Restoration Project for high-quality, nature-based solutions located in the United States,” said Brian Marrs, Senior Director of Energy & Carbon Removal at Microsoft.
The success of this project may boost future investments in nature-based carbon removal solutions.
Story
This past year, new decentralized RPC (Remote Procedure Call) networks have emerged, indicating a growing interest in the value of decentralized web3 networks. DePIN (Decentralized Physical Infrastructure) utilizes blockchain technology and token incentives to create decentralized physical infrastructure networks, offering an alternative to traditional models like AWS or Google Cloud.
Grove is the first and largest RPC provider on a permissionless network (Pocket Network). Independent companies and RPC providers are opting to run gateways on Pocket or leverage Grove's services instead of managing all their nodes independently.
Grove has raised $7.9 million from Avon Ventures, Placeholder Capital, and Druid Ventures. The funding will be used to establish new partnerships, aiming to propel DePIN into mainstream adoption within the blockchain ecosystem. Their web3 infrastructure, powered by its POKT network, supports over 40 different chains with its native token (POKT). POKT has a market cap of over $150 million.
“Only a decentralized RPC protocol can handle the rapidly expanding universe of blockchains as we head deeper into a multichain world.” Said Joel Monegro of Placeholder VC. “The POKT team has delivered this key piece of infrastructure and we’re excited to see Grove make it even easier for companies and developers to use the network for their applications.”
The trend is clear that web3 infrastructure will be decentralized to support a multichain world.
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